Share Sounds. presented by Kate Andrews related to Economics

We live in a time of considerable intolerance towards free speech – on campus – and, increasingly, in broader society as well. But just how widespread is the situation – and how did we get here? On this week’s podcast, we were joined by Claire Fox, Director of the Academy of Ideas, and Kristian Niemietz, the IEA’s Head of Health and Welfare. They examined so-called “Generation Snowflake” – a term often used to describe a perceived millennial distrust in free expression. They discussed how common these views actually are amongst the young, how seriously we should take them, and who else may be to blame for this culture of intolerance.

The deadline for large companies to report their gender pay gaps has now passed. We are left with a huge influx of data, most of which fails to give us any meaningful comparison between men and women in like-for-like circumstances. What is the best way to calculate a gender pay gap? Today we’re joined by the IEA’s former Head of Tech, now policy analyst at the CATO Institute, Diego Zuluaga to analyse the case of ride-sharing app Uber, and what its data can teach us about the gender pay gap. Interviewed by the IEA’s Digital Officer Madeline Grant, the pair look at the issue of the gender pay gap more broadly: where does it originate, what does it mean for women, and has public policy been successful throughout the world in addressing pay gaps?

Exactly one year from today, Britain will officially quit the EU. But what do we know so far, and what happens next? Today joined by Julian Jessop, Head of the IEA’s Brexit Unit, and Shanker Singham, Director of the IEA’s new International Trade and Competition Unit. Interviewed by Digital Officer Madeline Grant, the pair answer some of the most pressing questions about Brexit – including what, if anything, we’ve managed to negotiate so far, how our economy has fared until now, the future of the Irish border, and whether there is any chance of Brexit being overturned.

In the latest instalment of our podcast series, Live From Lord North Street, News Editor Kate Andrews discusses trade arrangements and customs unions post-Brexit with Shanker Singham, who is joining the IEA as the director of our new International Trade and Competition unit. The pair examine Theresa May’s recent speech – one of six in a series dubbed the ‘Road to Brexit’ – in which the PM set out five key tests with which to judge an eventual deal with the EU. They also examine the future of regulation outside of the European Union, and potential alternatives to full regulatory alignment.

The collapse and liquidation of the building firm Carillion – a company responsible for numerous government projects – has ignited a row over Britain’s system of outsourcing public services. Many are now calling for such procurement contracts to be taken back into state hands. Kate Andrews, News Editor at the Institute of Economic Affairs, and Head of Education Dr Steve Davies, sat down to discuss the question of outsourcing, and whether public services are best delivered ‘in-house’ by government, or through the private sector.

Hastened by sluggish productivity growth, the once unfashionable idea of a centrally planned Industrial Strategy is back on the political agenda in Britain. But will it have the desired effect? Joining us today is the IEA’s Head of Transport Dr Richard Wellings, along with Head of Tech Policy Diego Zuluaga. The pair take a look at how industrial strategies have historically fared around the world, and examine the extent to which we can rely on the free market to deliver the infrastructure we need – and where government should fit into all this.

The question of whether Britain should stay in the EU’s customs union has dominated the news cycle recently – with the CBI and other high profile voices suggesting that remaining in the Customs Union would be consistent with Britain’s vote to Leave the EU. But would this be a political possibility? And would it be wise?We’re joined by Julian Jessop, the IEA’s Chief Economist and Head of the Brexit Unit, to give us update on these developments. Julian explains what the Customs Union is, how it differs from the Single Market, and explores some of the pros and cons of staying in it.

The resale of tickets has been around for as long as humans have charged entry to events. Evidence of ticket ‘touting’ goes all the way back to Ancient Rome. In the 21st century though, it’s becoming an increasingly controversial practice. Companies like Viagogo, Seatwave and Stubhub now offer tickets to otherwise hard-to-reach events – but, often, at a hefty price. IEA News Editor Kate Andrews interviews Dr Steve Davies, the IEA’s Head of Education and author of new report Digital Resellers: The case for Secondary Ticket Markets. Steve believes that ticket resale is simply one aspect of the ‘Sharing Economy’ which enables voluntary transactions to take place between willing buyers and sellers. Those who aim to resell tickets for a profit, Steve argues, are themselves taking on considerable risk. Kate and Steve examine the economics, and the morality, of ticket resale, and take a look at the way artists like Ed Sheeran, Taylor Swift and Madonna use market mechanisms to sell their products.

The IEA’s Head of Health and Welfare Dr Kristian Niemietz discusses the UK’s national treasure- also known as the National Health Service. In the wake of yet another winter crisis, Kristian explains how other countries manage to avoid system shutdowns every year, mainly through the use of market mechanisms that lead to better efficiencies, and in turn, better patient outcomes. Interviewed by the IEA’s News Editor Kate Andrews, Kristian also addresses the issue of funding, noting that more cash can lead to a more generous healthcare system, but it is not obvious that it would help to solve the bread-and-butter issues facing the NHS, like A&E waiting times and cancer survival rates. Kristian lays out his ideal healthcare system, which he thinks could be a legitimate contender for ‘envy of the world’.

The Institute of Economic Affairs hosts a debate asking if economist and author John Mills has the solutions to the UK’s economic problems. At the heart of John’s plan is a proposal to lift the share of manufacturing and investment by engineering a substantial fall in the exchange rate. On the other side of the debate is the IEA’s chief economist Julian Jessop, arguing that deregulation and lower tax rates are the best way to stimulate economic growth. Both John and Julian join IEA news editor Kate Andrews for today’s podcast, as they go over the main points made during the debate, and go into further detail in areas of disagreement and consensus.